George Lasiter sells special event t-shirts, and must decide how much to order for the upcoming concert. It has high, medium and low estimates as attendance of concerts and the percentage of visitors who want a shirt. In addition, he estimated the relative likelihood of each assessment. Case can be used to introduce or enhance the fundamental issues of decision making under uncertainty.
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by Sherwood C. Frey, Phillip E. Pfeifer Source: Darden School of Business 2 pages. Publication Date: 05 April 1991. Prod. #: UV0680-PDF-ENG
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